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Jul 26, 2011
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the american people would begin to recognize these savings from withdrawing from iraq and afghanistan. and essential education, job creation, housing, and environmental investments where america's economic recovery and for our strong economic future would be protected from the slashing cuts proposed by the house republicans. the irony is, republican leaders previously have backed all the spending reductions called for in leader reid's plan. now, i don't agree -- and i suspect all of us don't agree with all aspects of this proposed solution. but we're not going to have 100 solutions on this floor. we're going to have one that we can vote on. i wish this would have included new revenue, especially by ending such costly and outdated tax benefits as those still enjoyed by the biggest oil companies to help us pay off our debt even more quickly. i'd like to help pay for the debt incurred by the inexcusable earlier decisions to enter two wars without paying for them. and i continue to believe the surcharge for the wealthiest would mean that they would pay more of their fair share after so ma
the american people would begin to recognize these savings from withdrawing from iraq and afghanistan. and essential education, job creation, housing, and environmental investments where america's economic recovery and for our strong economic future would be protected from the slashing cuts proposed by the house republicans. the irony is, republican leaders previously have backed all the spending reductions called for in leader reid's plan. now, i don't agree -- and i suspect all of us don't...
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Jul 14, 2011
07/11
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let's start with afghanistan and iraq. we're spending $168 billion in iraq and afghanistan this year alone. $168 billion. this year, fiscal year 2011, we're spending more than $13 billion to train the iraqi and afghan security forces. $13 billion. okay. what did we spend here in america to retrain our workers so they can get new jobs? less than $10 billion. we're spending more money to train afghan and iraqi forces, security forces than we're spending to retrain our own workers all over america. 24 million americans unemployed or underemployed and yet we're spending $168 billion this year on afghanistan and iraq. again, i applaud the president for the actions he's taken, but quite frankly, mr. president, they don't go far enough. the president should have a faster timetable for our troops to get out of afghanistan. i've said is that publicly many times. if you really want to save some money, save that $1 million that it costs to keep one soldier in afghanistan and get them back here. we went to afghanistan to get the talib
let's start with afghanistan and iraq. we're spending $168 billion in iraq and afghanistan this year alone. $168 billion. this year, fiscal year 2011, we're spending more than $13 billion to train the iraqi and afghan security forces. $13 billion. okay. what did we spend here in america to retrain our workers so they can get new jobs? less than $10 billion. we're spending more money to train afghan and iraqi forces, security forces than we're spending to retrain our own workers all over...
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Jul 28, 2011
07/11
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an example, the war in afghanistan. some of the most conservative senators on the other side of the aisle not only want us to wage this war but to stay there and keep spending money. know what it costs? it costs $10 billion a month for us to protect our troops in afghanistan. for every dollar that we spend, every dollar that we spend, whether it's on the war, on food stamps, on missiles, on highways, for every dollar we spend we borrow 40 cents. we shouldn't be borrowing all this money, but we do because congress says there are certain things we've got to do as a nation. many of the same senators who have said to the president of the united states don't withdraw the troops from afghanistan, keep them there even longer, are now coming to the floor and saying to the president but we're not going to join in asking for the authority that you need to provide that money for those troops. now the senator from pennsylvania has come here the second day and given his take on what would happen if congress fails to extend the debt
an example, the war in afghanistan. some of the most conservative senators on the other side of the aisle not only want us to wage this war but to stay there and keep spending money. know what it costs? it costs $10 billion a month for us to protect our troops in afghanistan. for every dollar that we spend, every dollar that we spend, whether it's on the war, on food stamps, on missiles, on highways, for every dollar we spend we borrow 40 cents. we shouldn't be borrowing all this money, but we...
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Jul 25, 2011
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part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of the plan that we've been operating on for a long time. $150 billion for the war is not baseline expenditure of the united states. it was never projected to continue at that level, so hopefully we could bring it below $50 billion. maybe we went get to $50 billion. i don't know. but what is the reasonable estimate? i think the house republicans and the president said it would drop to $50 billion, and that would be the baseline out there for the rest of the time. that's $1 trillion. that's $1 trillion. so you take $1 trillion out of the $2.7 trillion, you're down to $1.7 trillion. and another thing that's scored in that, since that $1 trillion in war costs is score
part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of the plan that we've been operating on for a long time. $150...
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Jul 27, 2011
07/11
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forces in iraq and afghanistan, saving $1 trillion in the process. our troops in the middle east deserve our admiration and praise for so successfully carrying out their missions. we must, however, continue to press for a strategy that will bring our troops home as soon as we safely can. the reid deficit plan would find an additional $40 billion in savings by cutting fraud and abuse in tax compliance and a number of non-defense federal programs and $60 billion in other savings, including cutting unnecessary spending on agricultural subsidies and auctioning off electromagnetic spectrum that the government currently holds. finally, by cutting the government by over $2 trillion, we'll have to borrow less money than anticipated and that will save an additional $400 million -- sorry, $400 billion in projected interest costs. in total, the senate democratic plan on which we will vote would cut the deficits by $2.7 trillion over the next ten years. while senator reid's proposal would not address the tax gimmicks and loopholes throughout our tax code that he
forces in iraq and afghanistan, saving $1 trillion in the process. our troops in the middle east deserve our admiration and praise for so successfully carrying out their missions. we must, however, continue to press for a strategy that will bring our troops home as soon as we safely can. the reid deficit plan would find an additional $40 billion in savings by cutting fraud and abuse in tax compliance and a number of non-defense federal programs and $60 billion in other savings, including...
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Jul 28, 2011
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amount, clearly larger than the boehner proposal, even though some would argue that it's the iraq and afghanistan war winddown savings that you would get, but whatever it is, it is larger than the house proposal and use that as the first cut by lifting the debt ceiling. but there would be a sequence of events that would happen after that to avoid what the senate democrats do not want, that the markets and the rating agencies cause the debt instruments, the u.s. treasury bills, to be downgraded, there needs to be certainty for those rating agencies for the united states government debt. and it could be achieved this way. that you have a brac-like committee, that being a committee that would be composed equally of republicans and democrats that would come up with a package that would then come back to each house, no amendments, up-or-down vote. but that the fail-safe backup in case that that committee were not able to come to agreement, or in the event that it came back to both houses and one of the houses did not pass it, that you would then have the mcconnell proposal which is that the president
amount, clearly larger than the boehner proposal, even though some would argue that it's the iraq and afghanistan war winddown savings that you would get, but whatever it is, it is larger than the house proposal and use that as the first cut by lifting the debt ceiling. but there would be a sequence of events that would happen after that to avoid what the senate democrats do not want, that the markets and the rating agencies cause the debt instruments, the u.s. treasury bills, to be downgraded,...
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Jul 5, 2011
07/11
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they came to afghanistan not because they were attacked but because we were attacked. they were our friends, they're our allies. they've been with us trying to make sure afghanistan never goes back into the darkness, a place to attack us or them again. so when they need us, i would tell president obama, now's not the time to sit on the sidelines. i know we're a war weary nation, but there is no upside to qadhafi staying in power. that is a national security nightmare for this country. here's a recent headline. "qadhafi threatens to attack european over airstrikes. colonel qadhafi has threat inned to carry out attacks against homes, offices in europe unless nato calls off the airstrikes in libya." he actually means it. hitler meant it. he means it. so we should be talking about the debt. we're not. we should be taking a stand against qadhafi in an effective way. and as you said, senator mccain, we're leading from behind. and i just cannot tell you how upset i am with policies coming from this administration that are sending a signal to our allies that we're not as relia
they came to afghanistan not because they were attacked but because we were attacked. they were our friends, they're our allies. they've been with us trying to make sure afghanistan never goes back into the darkness, a place to attack us or them again. so when they need us, i would tell president obama, now's not the time to sit on the sidelines. i know we're a war weary nation, but there is no upside to qadhafi staying in power. that is a national security nightmare for this country. here's a...
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Jul 26, 2011
07/11
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there are 145,000 troops deployed in iraq and afghanistan who are working long hours every day in the desert heat to protect our freedom. to make sure that we are doing everything we can to root out the terrorists that have attacked america. these men and women all raise their right hand and volunteered to go to defend this nation. the very least that we can do while we are in this kind of budget negotiation, which is making a lot of people nervous -- i have faith that we're going to do the right thing in the end, but it's not clear yet. we're pea a week away. -- we're a week away. so i don't think we should make these people think about whether it's going to happen and if there's going to be delay in a paycheck. so i hope that we'll be automobile to bring this bill up. i can guarantee, if the majority leader will bring up my bill, it will pass. it has 80 cosponsors. the new bill is the same thing except that it just makes the debt payment the priority, which you would hope would not have to be done, but, nevertheless, let's assure that our debtors know that we're going to pay the int
there are 145,000 troops deployed in iraq and afghanistan who are working long hours every day in the desert heat to protect our freedom. to make sure that we are doing everything we can to root out the terrorists that have attacked america. these men and women all raise their right hand and volunteered to go to defend this nation. the very least that we can do while we are in this kind of budget negotiation, which is making a lot of people nervous -- i have faith that we're going to do the...
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Jul 18, 2011
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ira paychecks for troops in the afghanistan and iraq and bases around the world would stop. the faa could shut down. so could the fbi and the cia ant border crossings could close.foa safety inspections of food americans eat and cargo that enters our ports could hault. literally every function of sec government could seize. social security checks, payments to our veterans. no there would be no discussion on which operations personal or essential. all the payments would very likely. stopped. some have said we could prioritize which bills to pay. even if that would irreparably damage the nations reputation and the global economy and the global community which it would, is also a complete fiction. our government won't even behe able to cover the b bills due on august 3. it will simply run outun of monr and because we will be in default and our credit rating trash we will be able to borrow money -- even if we wanted to. bad is the picture secretary geithner panned and like if said it is graham. this understandagues this. they know what is kno at stake.t it is not blanket for sure
ira paychecks for troops in the afghanistan and iraq and bases around the world would stop. the faa could shut down. so could the fbi and the cia ant border crossings could close.foa safety inspections of food americans eat and cargo that enters our ports could hault. literally every function of sec government could seize. social security checks, payments to our veterans. no there would be no discussion on which operations personal or essential. all the payments would very likely. stopped. some...
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Jul 21, 2011
07/11
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over the entire decade, the cost of afghanistan and iraq wars is about $1.3 trillion. and that is a lot of money. again, that's over ten years, over a decade. this year alone, the deficit is expected to be $1.4 trillion. the deficit this year will be larger than the cost of the iraq and afghanistan wars over ten years. the driving force behind our deficit is not the wars in iraq and afghanistan. it's just not. war costs represent only 4% of total outlays over the last ten years. the total amount of money spent since president obama took office is $8.5 trillion. by the end of his first three years in office, we will have added $5 interest to our gross federal deficit. these are stunning numbers. bush had a widely criticized $450 billion deficit. since president obama has been in ofsz the deficits -- in office the deficit looks like it will be $1.5 trillion. we are borrowing too close to half of what we're spending every single day. in the last few years, discretionary spending, non-defense discretionary spending in the last two years increased 24%. 12% a year on average
over the entire decade, the cost of afghanistan and iraq wars is about $1.3 trillion. and that is a lot of money. again, that's over ten years, over a decade. this year alone, the deficit is expected to be $1.4 trillion. the deficit this year will be larger than the cost of the iraq and afghanistan wars over ten years. the driving force behind our deficit is not the wars in iraq and afghanistan. it's just not. war costs represent only 4% of total outlays over the last ten years. the total...
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Jul 22, 2011
07/11
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awareness of other aspect of the media and those who acknowledge currently we have soldiers fighting in afghanistan and people don't seem to forget that. i would not say any prime minister is not fighting for the right people. continues to fight for the right people. >> how would any of those prime ministers ask as editor or chief executive how often or would they ever ask you not to publish a story? would they ask you to spike a story? would that happen? >> i can't remember an occasion of prime minister asked that. >> politicians generally do that? >> no. i can remember many occasions when a cabinet minister or politician or prime minister was very unhappy with stories we were running and -- not that they would ask us not to. >> if they had you would have been interested anyway? >> if the story was true and accurate, no reason for a prime minister -- that is why we have a free press. >> final question. still a feeling that in some way you had a close relationship with the prime minister. the allegation seems to be is no different -- the benefit of what people need to see. you have a close relation
awareness of other aspect of the media and those who acknowledge currently we have soldiers fighting in afghanistan and people don't seem to forget that. i would not say any prime minister is not fighting for the right people. continues to fight for the right people. >> how would any of those prime ministers ask as editor or chief executive how often or would they ever ask you not to publish a story? would they ask you to spike a story? would that happen? >> i can't remember an...
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Jul 26, 2011
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was encountering all of the money that we are going to save by not continuing operations and iraq and afghanistan for the next ten years at their current level. that that was also in the rhine and budget. as it turns out, the rise in budget receives $2.2 trillion in savings without using that accounting gimmick triet compared to the president's 2011 number, the ryan budget saves $6.2 trillion without using that accounting gimmick. with the ryan budget does -- if you look through the various charts and pages of it -- it also has various comparisons, including pretty much the obligatory comparison to what is called the current law budget that cbo scores, and in that he compared because that's what cbo does the oco cost for the overseas contingency operation cost, but he did not utilize that in order to achieve the savings in his budget. so i had made the same mistakes others had in assuming what we were told was correct. paul ryan made it clear no, that wasn't correct. when we criticized the bill that the majority leader has brought up for use in over a trillion dollars in savings from that oco acc
was encountering all of the money that we are going to save by not continuing operations and iraq and afghanistan for the next ten years at their current level. that that was also in the rhine and budget. as it turns out, the rise in budget receives $2.2 trillion in savings without using that accounting gimmick triet compared to the president's 2011 number, the ryan budget saves $6.2 trillion without using that accounting gimmick. with the ryan budget does -- if you look through the various...